Republican fiscal folly

The present level of federal taxes does not raise enough money to support the government. The tax shortfall last year was so large that the government had to borrow money to pay the interest on the money it already owed. Despite this fiscal folly, the Republican candidates for president prattle about lowering taxes. This is folly compounded.

So you want to raise taxes? Not to worry, when the Democrats control everything in 2009 you will get your taxes, AMT will get more of the middle class, Capital Gains will go from 15% up to 40%, tax brackets will adjust upwards, repeal of Bush’s tax cuts, etc. You should be happy then.

Dennis

So you want to raise taxes? Not to worry, when the Democrats control everything in 2009 you will get your taxes, AMT will get more of the middle class, Capital Gains will go from 15% up to 40%, tax brackets will adjust upwards, repeal of Bush’s tax cuts, etc. You should be happy then.

CurtJ

That is because they don’t want to bring to light the way they compute the high inflation rate and the almost 10 trillion dollar deficit that the Neo Con Parasites in the Republican Party are leaving us with. To me it appears to be one massive Ponzi Scheme. If I did that kind of computing.. I’d be thrown in the can.
We know that the Neo Con Parasites infesting the Executive Branch are all in “Conflict of Interest” and “Collusion” with their Political Donors and Cronies owning the News Media and Communication, Pharmaceutical, Insurance, Oil and Energy, and the War and bomb making Conglomerates to enrich each other at our great nations expense.
We know that the Republican and Democratic Legislators are holding their hands out for a couple thousand dollars in campaign contributions and bribes from their corporate contributors in exchange for millions, billions, and tens of billions of American Taxpayer dollars in Contracts, Tax Breaks, and outright Graft. Selling out to the highest bidder, the United States Constitution, that the Founding Fathers fought and died for.
We had Bin Laden and al-Qaeda in our clutches when the Liar in Chief yanked us out of Afghanistan in order to invade and occupy a country with no ties to 9/11. WE were sidetracked into invading and occupying a country with no ties to 9/11 on a everchanging basis built on Lies, Half Truths, and outright Manipulation of Intellience(See the Downing Street Memos).
The refusal of the Republican and Democratic Legislators to redeploy our troops back to rooting out Bin Laden and al-Qaeda after finding out we went into Iraq becasue of lies.. Begs a question..
Who and how many Bush Administration Officials, Republican and Democratic Legislators, their Advisors, Family members, Friends and Political Donors, have ANY fianancial holdings in ANY company making a profit off the Iraqi Civil War Debacle?
Blood Money off the backs of over 4,000 dad American Soldiers, Marines, Sailors and over 1100 dead Mercenaries!
No Jusitce for the 3,000 murdered Americans on 9/11 becasue we quit looking for the 9/11 perpretrators..
No Justice for the over 4,000 dead American Military in Iraq because we are mired down in Iraq because the Neo Con Parasites lied to us in order to get us into Iraq where they are attempting to wrest control of the Iraqi Oilfields from the Iraqis over to the Neo Con owned Oil and Energy Conglomerates..
Conflict of Interest and Collusion aided and abetted by the Neo Con U.S. Supreme Court Justices and stealth Federal Lawyers, Prosecutors and Judges emplaced to replace the Politcally Fired Non-Partisan Lawyers, Judges and Prosecutors

CurtJ

That is because they don’t want to bring to light the way they compute the high inflation rate and the almost 10 trillion dollar deficit that the Neo Con Parasites in the Republican Party are leaving us with. To me it appears to be one massive Ponzi Scheme. If I did that kind of computing.. I’d be thrown in the can.
We know that the Neo Con Parasites infesting the Executive Branch are all in “Conflict of Interest” and “Collusion” with their Political Donors and Cronies owning the News Media and Communication, Pharmaceutical, Insurance, Oil and Energy, and the War and bomb making Conglomerates to enrich each other at our great nations expense.
We know that the Republican and Democratic Legislators are holding their hands out for a couple thousand dollars in campaign contributions and bribes from their corporate contributors in exchange for millions, billions, and tens of billions of American Taxpayer dollars in Contracts, Tax Breaks, and outright Graft. Selling out to the highest bidder, the United States Constitution, that the Founding Fathers fought and died for.
We had Bin Laden and al-Qaeda in our clutches when the Liar in Chief yanked us out of Afghanistan in order to invade and occupy a country with no ties to 9/11. WE were sidetracked into invading and occupying a country with no ties to 9/11 on a everchanging basis built on Lies, Half Truths, and outright Manipulation of Intellience(See the Downing Street Memos).
The refusal of the Republican and Democratic Legislators to redeploy our troops back to rooting out Bin Laden and al-Qaeda after finding out we went into Iraq becasue of lies.. Begs a question..
Who and how many Bush Administration Officials, Republican and Democratic Legislators, their Advisors, Family members, Friends and Political Donors, have ANY fianancial holdings in ANY company making a profit off the Iraqi Civil War Debacle?
Blood Money off the backs of over 4,000 dad American Soldiers, Marines, Sailors and over 1100 dead Mercenaries!
No Jusitce for the 3,000 murdered Americans on 9/11 becasue we quit looking for the 9/11 perpretrators..
No Justice for the over 4,000 dead American Military in Iraq because we are mired down in Iraq because the Neo Con Parasites lied to us in order to get us into Iraq where they are attempting to wrest control of the Iraqi Oilfields from the Iraqis over to the Neo Con owned Oil and Energy Conglomerates..
Conflict of Interest and Collusion aided and abetted by the Neo Con U.S. Supreme Court Justices and stealth Federal Lawyers, Prosecutors and Judges emplaced to replace the Politcally Fired Non-Partisan Lawyers, Judges and Prosecutors

Nathan Kunz

Well said.

Nathan Kunz

Well said.

Dennis

Brian Riedl, chief budget analyst at the Heritage Foundation, has been sifting through funding bills stacked up in Congress, awaiting passage. His finding: They contain another 11,351 pork projects that will needlessly spend tens of billions of dollars more in this fiscal year. Among them:

• $2 million for the Charles B. Rangel Center for Public Service at the City College of New York, named after the powerful House Ways and Means Committee chairman from Harlem.

• $1 million for the Clinton School of Public Service in Little Rock, Ark.

• $200,000 for the Andre Agassi College Preparatory Academy in Las Vegas, named after the multimillionaire tennis legend.

• $500,000 for a special interest appropriately called Our Piece of the Pie, in Hartford, Conn.

• $400,000 for the Montana World Trade Center.

• $3.74 million for the Formosan Subterranean Termite.

Republicans should vow to end “earmarks” if they take back the congress. Democrats have failed.

Dennis

Brian Riedl, chief budget analyst at the Heritage Foundation, has been sifting through funding bills stacked up in Congress, awaiting passage. His finding: They contain another 11,351 pork projects that will needlessly spend tens of billions of dollars more in this fiscal year. Among them:

• $2 million for the Charles B. Rangel Center for Public Service at the City College of New York, named after the powerful House Ways and Means Committee chairman from Harlem.

• $1 million for the Clinton School of Public Service in Little Rock, Ark.

• $200,000 for the Andre Agassi College Preparatory Academy in Las Vegas, named after the multimillionaire tennis legend.

• $500,000 for a special interest appropriately called Our Piece of the Pie, in Hartford, Conn.

• $400,000 for the Montana World Trade Center.

• $3.74 million for the Formosan Subterranean Termite.

Republicans should vow to end “earmarks” if they take back the congress. Democrats have failed.

Jim

Well Will Jennings will get his wish. The Dems are floating the idea of a surtax on incomes over $150,000 per year. Before you announce your support for this (the rich deserve it) realize the Dems are looking to raise $275 billion per year in the form of a 50 cent per gallon tax on gasoline and a tax on carbon on all other types of energy.

Folly compounded is thinking even after they raise these taxes, the budget will be balanced.

Jim

Well Will Jennings will get his wish. The Dems are floating the idea of a surtax on incomes over $150,000 per year. Before you announce your support for this (the rich deserve it) realize the Dems are looking to raise $275 billion per year in the form of a 50 cent per gallon tax on gasoline and a tax on carbon on all other types of energy.

Folly compounded is thinking even after they raise these taxes, the budget will be balanced.

Mark J

CurtJ have headed Bin Laden call for your conversion to Islam? What are you waiting for? Don’t you want your wife or girlfriend in a Burqa and at home? What, you want to be beat by the religous police when you don’t stop and pray in the afternoon? Is that what you want, the federal and state constitutuion replaced with the Sharia?
What is your solution to the threat provided by Islam to your way of life, liberty and the pursuit of happiness?

The current fiscal mess is more than 80 years in the making. FDR and his socialist schemes sowed the seeds the current fiscal mess. Unfortunately, the people that will pay are those are younger than 50 years old. The price will be a low standard of living with hogh taxes and high inflation.
Curt really what is YOUR solution? Higher taxes and lower standard of living?
Remember Bib Laden declared jihad and attacked first in 1993.

Mark J

CurtJ have headed Bin Laden call for your conversion to Islam? What are you waiting for? Don’t you want your wife or girlfriend in a Burqa and at home? What, you want to be beat by the religous police when you don’t stop and pray in the afternoon? Is that what you want, the federal and state constitutuion replaced with the Sharia?
What is your solution to the threat provided by Islam to your way of life, liberty and the pursuit of happiness?

The current fiscal mess is more than 80 years in the making. FDR and his socialist schemes sowed the seeds the current fiscal mess. Unfortunately, the people that will pay are those are younger than 50 years old. The price will be a low standard of living with hogh taxes and high inflation.
Curt really what is YOUR solution? Higher taxes and lower standard of living?
Remember Bib Laden declared jihad and attacked first in 1993.

Chris Crantz

Dennis,

You’ve forgotten Don Young’s Way…$231,000,000.

Democrats have failed us, but they are still the better alternative.

Chris Crantz

Dennis,

You’ve forgotten Don Young’s Way…$231,000,000.

Democrats have failed us, but they are still the better alternative.

Dennis

Yep. There are many more examples I left out, including Young’s Bridge. But there are plenty of earmarks on both sides of the aisle and it doesn’t matter which party has the leadership role. But this Congress …”promised” in the last election, they would be different, and now one out of every eleven dollars they plan to spend is a pet project for the home state.

You can’t really say the Democrats are better than the Republicans at holding the spending line. They are all just as bad and continue to get worse. The next President should start the vetos on the first day and make Congress hold the line. Who has the courage to do that?

Dennis

Yep. There are many more examples I left out, including Young’s Bridge. But there are plenty of earmarks on both sides of the aisle and it doesn’t matter which party has the leadership role. But this Congress …”promised” in the last election, they would be different, and now one out of every eleven dollars they plan to spend is a pet project for the home state.

You can’t really say the Democrats are better than the Republicans at holding the spending line. They are all just as bad and continue to get worse. The next President should start the vetos on the first day and make Congress hold the line. Who has the courage to do that?

Tree Hugger

Republicans, when will you realize that we eventually have to actually pay our bills.

THAT’s why Democrats always HAVE to raise taxes. They have no choice. Someone has to pay the bills that the Republicans have created.

In my book, it’s better to tax and spend than to spend and spend.

Tree Hugger

Republicans, when will you realize that we eventually have to actually pay our bills.

THAT’s why Democrats always HAVE to raise taxes. They have no choice. Someone has to pay the bills that the Republicans have created.

Vincent Carroll is The Denver Post's editorial page editor. He has been writing commentary on politics and public policy in Colorado since 1982 and was originally with the Rocky Mountain News, where he was also editor of the editorial pages until that newspaper gave up the ghost in 2009.

Guidelines: The Post welcomes letters up to 150 words on topics of general interest. Letters must include full name, home address, day and evening phone numbers, and may be edited for length, grammar and accuracy.

To reach the Denver Post editorial page by phone: 303-954-1331

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